YEARLY HIGH
6316.0863 MGA
YEARLY LOW
5573.3332 MGA
YEARLY AVERAGE
5822.5941 MGA

2022 JOD to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the JOD to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 6316.0863. Conversely, the yearly low was recorded on January 4, dropping to 5573.3332.

This high-to-low spread represents a total annual volatility of 742.7531 MGA. From a start-to-finish perspective, comparing the January average rate of 5613.0795 to the December average rate of 6232.7861, the exchange rate registered a net change of 11.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 6316.0863 was up 12.16% compared to the 2021 peak of 5631.3563, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 JOD based on timing:

Yearly Peak High 31,580,431 MGA
2021 Average 27,176,032 MGA
Yearly Trough Low 27,866,666 MGA
Transaction Impact: A difference of 3,713,765.35 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

6294.7567
5551.1088
JanuMarcMayJulySeptNove

JOD to MGA Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 5659.0962, compared to 5986.0921 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 326.9959 points.

H1 Avg (Jan–Jun) 5659.0962
H2 Avg (Jul–Dec) 5986.0921

Volatility Range Comparison

Volatility

The most volatile month in 2022 was July, with a trading range of 195.9131 MGA (High: 5942.5135 / Low: 5746.6004). On the other end, February was the most stable month, with a tight range of 64.4235 MGA (High: 5655.8533 / Low: 5591.4298).

July Spread (Volatile) ±195.9131
February Spread (Stable) ±64.4235

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 7.4224 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -7.4224

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 6232.7861) against the same month in 2021 (average: 5595.7645), the exchange rate shifted by +637.0215 (+11.38%).

2022 Avg (December) 6232.7861
2021 Avg (December) 5595.7645

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 5648.8011 5573.3332 5613.0795
February 5655.8533 5591.4298 5624.2223
March 5721.2623 5624.8575 5671.3910
April 5733.3171 5617.0663 5671.0335
May 5707.3362 5617.0663 5663.6111
June 5753.3367 5625.1760 5711.2397
July 5942.5135 5746.6004 5842.7323
August 5969.3560 5795.1163 5889.3316
September 6000.2233 5811.0014 5893.9198
October 6036.6065 5912.9332 5983.0585
November 6152.2682 5969.0408 6074.7243
December 6316.0863 6149.4795 6232.7861